Telecom Lead Middle-East: Airtel Chad has associated with
ECOBANK, one of the leading banks of Africa to launch Airtel Money in the West
The service will allow subscribers to carry out financial
transactions on their mobile phones and enhance the delivery of financial
services at affordable costs.
“This service allows customers to send money
to their relatives, pay essential bills such as electricity and water, tuition
fees, bookings and even buy groceries without having to carry cash. The phone
essentially becomes an electronic wallet,” said Salia Gbane, CEO of Airtel
According to study total value of mobile money transfers
in Africa is expected to exceed USD 200 billion in 2015 due to the growing
confidence of users in the system, coupled with a wide range of services on
The company said that Airtel Money will be available in
all areas covered by the Airtel network. In addition, the operator will also
encourage the Chadian population to use the service, which will connect communities
and businesses across the country.
Airtel has been rolling out its m commerce service across
Africa to current and potential customers, enabling various modes of financial
transactions on mobile phones.
Airtel launches mobile money platform in Uganda
Earlier, Airtel Uganda launched its mobile money
platform. The service provides customer with convenient access to affordable
financial services through their mobile phones.
Bharti Airtel selects Infosys WalletEdge for airtel money
In February, Bharti Airtel
announced that it selected Infosys as its partner for “airtel money”,
which is the country’s first of its kind mobile wallet service by a mobile